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Explore the Best Low APR Credit Cards

The best low APR credit card is just a few clicks away. BestCards.com’s reviews of low APR credit cards can help you find the perfect product to meet your financial needs. Browse our detailed credit card reviews below and find your ideal match today.

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Showing 63 Cards

Date Reviewed: June 20, 2019

Visa Signature® Black Plus

Visa Signature® Black Plus
  • Regular Purchase APR 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 19.99% variable based on the Prime Rate
  • Annual Fee $75
  • Credit Needed Excellent , Good
  • Intro Purchase APR 0% for 6 months from account opening date
  • Processing Network Visa
Best Benefits
  • Earn rewards faster than with the Visa Signature Black
  • Make transaction in the U.S. dollar and avoid daily currency fluctuations
  • Enjoy Visa Signature® concierge service
  • Earn 1.5 RBC Rewards points for every $1 spent on your card
Rates & Fees
  • Intro Purchase APR: 0% for 6 months from account opening date
  • Regular Purchase APR: 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 6 months from account opening date
  • Balance Transfer APR: 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 3% of each balance transfer, whichever is greater
  • Cash Advance APR: 19.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $5 or 3.5% of the amount of each cash advance, whichever is greater
  • Annual Fee: $75
  • Foreign Transaction Fee: 1.5% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $35
  • Return Payment Penalty Fee: Up to $35
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: June 20, 2019

Visa Signature® Black

Visa Signature® Black
  • Regular Purchase APR 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 19.99% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Excellent , Good
  • Intro Purchase APR 0% for 6 months from account opening date
  • Processing Network Visa
Best Benefits
  • Make transaction in the U.S. dollar and avoid daily currency fluctuations
  • Earn 1 RBC Rewards point for every $1 spent on your card
  • No annual fee
  • Enjoy Visa Signature® concierge service
Rates & Fees
  • Intro Purchase APR: 0% for 6 months from account opening date
  • Regular Purchase APR: 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 6 months from account opening date
  • Balance Transfer APR: 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 3% of each balance transfer, whichever is greater
  • Cash Advance APR: 19.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $5 or 3.5% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: 1.5% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $35
  • Return Payment Penalty Fee: Up to $35
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: June 19, 2019

M&T Business Credit Card

M&T Business Credit Card
  • Regular Purchase APR 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 22.24% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Excellent , Good
  • Intro Purchase APR 0% for 12 months from account opening date
  • Processing Network Visa
Best Benefits
  • No annual fee
  • 0% introductory APR for the first 12 months after opening account
  • No foreign transaction fees
  • Global acceptance and chip technology for added security
  • Additional cards for employees at no added cost
Rates & Fees
  • Intro Purchase APR: 0% for 12 months from account opening date
  • Regular Purchase APR: 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 12 months from account opening date
  • Balance Transfer APR: 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 22.24% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
  • Penalty APR: 24.99% variable based on the Prime Rate
  • Late Payment Penalty Fee: Up to $35
  • Return Payment Penalty Fee: Up to $25
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: June 19, 2019

M&T Visa Credit Card

M&T Visa Credit Card
  • Regular Purchase APR 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 22.24% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Excellent , Good
  • Intro Purchase APR 0% for 12 months from account opening date
  • Processing Network Visa
Best Benefits
  • No annual fee
  • 0% introductory APR for the first 12 months after opening account
  • Ability to pay with Apple Pay®, Google Pay™ or Samsung Pay
  • Low APR after 0% introductory period ends
Rates & Fees
  • Intro Purchase APR: 0% for 12 months from account opening date
  • Regular Purchase APR: 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 12 months from account opening date
  • Balance Transfer APR: 10.24% and 17.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 22.24% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
  • Penalty APR: 24.99% variable based on the Prime Rate
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $35
  • Return Payment Penalty Fee: Up to $25
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: May 21, 2019

KeyBank Latitude® Credit Card

KeyBank Latitude® Credit Card
  • Regular Purchase APR 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 23.99% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Good , Fair
  • Intro Purchase APR 0% for 15 months from account opening date
  • Processing Network Mastercard
Best Benefits
  • 0% introductory APR on purchases and balance transfers for 15 months from account opening date
  • Low regular APR on purchases and balance transfers after promotional rate expires
  • No annual fee
  • Temporary lock feature lets you freeze your card and prevent fraudulent activity if it gets lost or stolen
Rates & Fees
  • Intro Purchase APR: 0% for 15 months from account opening date
  • Regular Purchase APR: 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 15 months on transfers made within 60 days from account opening date
  • Balance Transfer APR: 9.99% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 3% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 23.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 4% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: 3% of the amount of each transaction in U.S. dollars
  • Late Payment Penalty Fee: UP to $39
  • Over Limit Penalty Fee: $10 for each overdraft protection

Date Reviewed: May 20, 2019

BBVA Visa® Business Rewards Credit Card

BBVA Visa® Business Rewards Credit Card
  • Regular Purchase APR 9.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 9.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 22.24% to 27.24% variable based on creditworthiness and the Prime Rate
  • Annual Fee None
  • Credit Needed Excellent , Good
  • Intro Purchase APR 0% for 9 months from account opening date
  • Processing Network Visa
Best Benefits
  • 3X points at office supply stores
  • 2X points at gas stations and restaurants
  • 1X point for every $1 in all other purchases
  • Free employee cards
  • No annual fee
Rates & Fees
  • Intro Purchase APR: 0% for 9 months from account opening date
  • Regular Purchase APR: 9.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% or 3.99% on transfers made within 90 days of account open date for one year, based on creditworthiness
  • Balance Transfer APR: 9.24% to 23.24% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 22.24% to 27.24% variable based on creditworthiness and the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 4% of the amount of each cash advance, whichever is greater
  • Penalty APR: 27.24% variable based on the Prime Rate
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $49
  • Return Payment Penalty Fee: $25
  • Over Limit Penalty Fee: $39
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: May 10, 2019

Union Bank Platinum™ Visa® Credit Card

Union Bank Platinum™ Visa® Credit Card
  • Regular Purchase APR 8.49% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 8.49% to 19.99% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 25.25% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Good , Fair
  • Intro Purchase APR 0% for 15 months from account opening date
  • Processing Network Visa
Best Benefits
  • 0% introductory APR on purchases and balance transfers for 15 months after opening an account
  • Low regular APR after promotional rate ends
  • No annual fee
  • Access your FICO® Score at no extra cost
Rates & Fees
  • Intro Purchase APR: 0% for 15 months from account opening date
  • Regular Purchase APR: 8.49% to 19.99% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 15 months from account opening date
  • Balance Transfer APR: 8.49% to 19.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: $0 Introductory fee for transfers completed within 60 days of account opening. After that, either $10 or 3% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 25.25% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $15 or 5% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $37
  • Return Payment Penalty Fee: Up to $35
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: May 10, 2019

Union Bank Business Platinum™ Visa® Credit Card

Union Bank Business Platinum™ Visa® Credit Card
  • Regular Purchase APR 9.99% to 17.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 9.99% to 17.99% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 25.25% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Good
  • Intro Purchase APR 0% for 6 months from account opening date
  • Processing Network Visa
Best Benefits
  • 0% introductory APR for 6 months from account opening date on purchases and balance transfers
  • Low regular APR after introductory APR offer ends
  • No annual fee
  • Chip security and 24/7 online account access
Rates & Fees
  • Intro Purchase APR: 0% for 6 months from account opening date
  • Regular Purchase APR: 9.99% to 17.99% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 6 months from account opening date
  • Balance Transfer APR: 9.99% to 17.99% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 5% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 25.25% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $15 or 5% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $39
  • Return Payment Penalty Fee: $35
  • Over Limit Penalty Fee: $35
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: April 26, 2019

PNC Core® Visa® Credit Card

PNC Core® Visa® Credit Card
  • Regular Purchase APR 9.99% to 19.99% variable based on creditworthiness
  • Balance Transfer APR 9.99% to 19.99% variable based on creditworthiness
  • Cash Advance APR 22.99% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Good , Fair
  • Intro Purchase APR 0% for 15 months from account opening
  • Processing Network Visa
Best Benefits
  • Earn a $100 bonus after you make at least $1,000 in purchases within the first 3 months from account opening
  • 0% intro APR on purchases and balance transfers for 12 months
  • Low regular APR on purchases
  • No annual fee
Rates & Fees
  • Intro Purchase APR: 0% for 15 months from account opening
  • Regular Purchase APR: 9.99% to 19.99% variable based on creditworthiness
  • Intro Balance Transfer APR: 0% for 15 months on transfers made within 90 days from account opening
  • Balance Transfer APR: 9.99% to 19.99% variable based on creditworthiness
  • Balance Transfer Transaction Fee: Either $5 or 3% each balance transfer amount, whichever is greater, for first 90 days. After, either $5 or 4% of each transfer amount, whichever is greater
  • Cash Advance APR: 22.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Penalty APR: 28.99% variable based on the Prime Rate
  • Foreign Transaction Fee: 3% of each transaction in U.S. dollars
  • Late Payment Penalty Fee: Up to $38
  • Return Payment Penalty Fee: Up to $38
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: April 22, 2019

Fifth Third Business Rewards Card

Fifth Third Business Rewards Card
  • Regular Purchase APR 12.49% to 23.49% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 12.49% to 23.49% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 24.99% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Good
  • Intro Purchase APR 0% for 9 months from account opening date
  • Processing Network Mastercard
Best Benefits
  • Earn 2 Real Life Rewards® points for each $1 spent at restaurants, office supply stores, and on utilities
  • Earn 1 point for each $1 spent on all other purchases
  • 0% intro APR on purchases and balance transfers for the first 9 billing cycles from account opening
  • No annual fee
Rates & Fees
  • Intro Purchase APR: 0% for 9 months from account opening date
  • Regular Purchase APR: 12.49% to 23.49% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 9 months from account opening date
  • Balance Transfer APR: 12.49% to 23.49% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $5 or 4% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 24.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Penalty APR: 29.99% variable based on the Prime Rate
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: $39
  • Return Payment Penalty Fee: $39
  • Over Limit Penalty Fee: $39

#

Why Should I Look for Low APR Credit Cards? 

Low APR credit cards are those that charge the least amount of interest for qualified cardholders who carry a balance. If you’ve ever carried a balance on a credit card, you likely know why your annual percentage rates (APRs) are important. When you choose to make only the minimum monthly payment on your card, any remaining balance earns interest. The result is then added onto your next bill.  

In other words, the higher an interest rate on your credit card is, the more you will end up owing the issuer on balances carried from month-to-month. For instance, say you make your monthly payment and leave a balance of $1,000. Here’s how two very different APRs would play out: 

APR 

Interest Accrued 
10% 

$8.22 

20% 

$16.44 

If this result seems a bit confusing, it’s because interest calculations for credit cards are based off of a specific formula, which you can learn more about hereEither way, the point is easy to see: low APR cards can help you save more in instances where you can’t make your monthly payment in full. In the long run, this makes it easier to pay off any debt since you won’t accrue as much interest over time.  

What is Considered a Low APR for Credit Cards? 

When you think of low interest credit cards, it’s likely that cards with 0% introductory offers are the first that come to mind. However, even those cards have a regular interest rate that applies once the introductory period ends. These regular APRs determine whether a card truly fits into the “low rate” category. In order to identify cards with the best offers, first you need to know what the average rates look like.  

The average interest rate for different types of credit cards can vary widely. What’s considered a “low” APR for a retail card may fall in the mid-to-high range when compared to low interest balance transfer credit cards, for example. As a result, the overall average APR across credit card categories stretches widely between 16% and 23%.  

Even with this wide range, you can begin to develop a general sense for what may be considered a low APR cardAs a general rule of thumb, the BestCards team saves this label for cards with APRs under 14%.  

How to Get a Low APR Credit Card 

You apply for a credit card with a low APR much the same way you would apply for any other card. Namely, you need to submit an application and undergo a hard credit check. Yet even if you get approved for one of the best low interest credit cards, there’s no guarantee you’ll qualify for the lowest rate offeredThat’s where your credit score comes into play. 

Your Credit Score vs Your Interest Rates 

To fully understand this, it helps to know a little about how credit card issuers structure their interest rates. Most financial institutions apply variable rates to their cards. This means that the APRs fluctuate based on an index rate (most commonly the U.S. Prime Rate) 

On top of that, many issuers offer a range of APRs for each card, and the one you get will depend on your credit. For example, a card may offer a purchase APR of 13% to 18%. This is why you’ll find phrases like “variable based on creditworthiness and the Prime Rate” in your terms and conditions 

The lowest rates of any credit card are always reserved for the applicants with the best credit scores. This means that even when it comes to low interest cards, bad credit can mean you only qualify for that card’s highest rates. To ensure you get the lowest rate possible, you can: 

  • Work on your credit score before you apply. This isn’t may not be the easiest option if you’re already facing debt and need a balance transfer card with low rates. 
  • Look for maximum interest rates lower than your current APRs. If a card’s highest APR is lower than your current rate, it could still be a worthwhile addition to your wallet. 
  • Choose a card with only one interest rate. Some cards offer APRs that only vary based on the Prime Rate, meaning your credit only plays a role in your initial qualification for the card. 
  • Search for low fixed interest credit cards. These aren’t very common, but they can really come in handy if you plan to carry a hefty balance, since they don’t fluctuate even with the Prime Rate. 

How to Avoid Paying Interest on a Credit Card Entirely 

Even the best low APR credit cards charge some interest, which means it’s still better to avoid carrying a balance whenever you can. This means you’ll need to pay your bill in full at the end of each month whenever possible. Without leaving a balance after you make your monthly payment, you will have nothing to accrue interest on. Plus, you’ll have your full credit line available for the next month, which can help keep your credit utilization ratio down.  

What Are the Best Low APR Credit Cards? 

Within the low APR category, you can find many different types of credit cards to suit your needs. One of the most popular options is the balance transfer card, since these features go hand-in-hand when it comes to paying off debt. What makes a balance transfer card different from a regular low interest card is the ability to transfer these balances – not all credit cards allow you to do so.  

Low interest balance transfer cards allow you to transfer debt from higher rate cards, in order to cut down on your interest accrual overall. These often come with other perks too, such as waived balance transfer fees and 0% introductory periods. What you’re left with is a card built for consolidating credit card debt.  

One interesting example of a low interest card for balance transfers is the Upgrade Card. While it’s technically more of a credit line than a traditional credit card, it has a similar function. Depending on your credit score, this card can offer you APRs even lower than some of the lowest rate cards. To use it, you simply borrow funds from the credit line to pay off your high-APR cards and loans. Then, you can pay back the Upgrade at your much lower rate. 

Low APR FAQs

Here are answers to some of the most frequently asked questions about low-interest credit cards:

How long do intro APR offers last?

  • Introductory APR offers typically run between six months to twelve months, though there are some offers of fifteen months or more. The longest initial APR period we’ve seen is around 21 months with Barclaycard.

What is a low-interest rate on a credit card?

  • According to the BestCards Average Credit Card APR research, the average APR for a low-interest rate credit card is around 13%. This rate considers the APRs for different credit scores, as well as the variance between larger financial institutions and smaller credit unions.

Are there any fixed-rate low APR credit cards for bad credit?

Find the Lowest Interest Rates for Your Wallet 

If you need help finding the best credit card with a low interest rate, the BestCards team has the resources you need. Not only do we provide in-depth reviews for over 800 cards, we also have credit card advice and tips to give you the extra confidence you need when comparing offers. Start your hunt for a low rate card today!